Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s startup ecosystem is driving the commercial real estate market, with significant growth in Tier II and III cities. Startups are increasing demand for flexible workspaces, fostering technological advancements, promoting sustainability, and transforming the real estate landscape.
READ MOREExplore the financial benefits of TRIOS Coworking spaces, from reduced overhead costs to flexible lease terms and access to premium amenities, for minimizing business expenses while maximizing productivity.
READ MOREExplore the crucial role of health and wellness in enhancing Productivity within flexible workspaces. Dive into ergonomic designs, mental well-being, and environmental wellness, supported by recent trends and statistics. Learn how fostering a healthy environment can attract and retain members, ensuring long-term success for flex workspaces.
READ MOREHDFC Bank leases 4.16 lakh sq ft at Gigaplex, Navi Mumbai, for ₹24 crore annually. The 10-year lease includes 322 parking spaces and a 15% rent escalation every three years. The office, likely for IT/ITES operations, highlights Navi Mumbai’s growing prominence as a hub for Grade-A commercial spaces.
READ MOREGurugram’s office realty is surging with major leases, including Google’s 550,000 sq ft deal and IBM’s 260,000 sq ft space. Co-working operators like Smartworks are expanding rapidly. Factors like the return to office work, unicorn startups, and flexible workspaces are driving demand, reaffirming Gurugram’s status as a corporate hub.
READ MOREGurgaon emerges as India’s commercial real estate hotspot, offering strategic connectivity, premium office spaces, and a vibrant business ecosystem. With cutting-edge infrastructure, government support, and over 250 Fortune 500 companies, the city attracts global firms seeking innovation and growth. Its affordable Grade-A spaces and hybrid work solutions redefine modern business environments.
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